state-owned property

Public sector assets

State-owned property is assets belonging to a government rather than private individuals or companies.

This includes land, buildings, infrastructure, and enterprises controlled by the state: The factory was converted to state-owned property after nationalization.

The term appears frequently in discussions of socialism, public utilities, and government seizure of private assets.

Opposites
ownership type

state-owned propertyprivate property

Individually owned assets

personal property · private enterprise · commercial property · proprietorship · private wealth

Family

state, owned, property, own, states, stated, stating, statement, stately

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